STRATS SM TRUST FOR U S CELL CORP SEC SERIES 2004 6

# STRATS SM TRUST FOR U S CELL CORP SEC SERIES 2004 6

This entity is an asset-backed securities trust structured to hold and manage a portfolio of receivables and related assets originated by U.S. Cellular Corporation. The trust was established as part of a securitization transaction in 2004 and operates as a special purpose vehicle designed to isolate these assets for the benefit of security holders. The underlying collateral consists primarily of customer receivables and other obligations from U.S. Cellular's wireless telecommunications operations.

The trust generates cash flows through collections on the underlying receivables portfolio, which are distributed to holders according to the priority and terms specified in the securitization documents. Revenue streams derive from customer payments on wireless service accounts, equipment purchases, and related telecommunications charges. These receivables represent a cross-section of U.S. Cellular's customer base across its operating territories.

The trust itself does not maintain traditional business operations, employees, or geographic reach in the conventional sense. Rather, it functions as a passive investment vehicle backed by a defined pool of consumer receivables. Asset-backed securities of this type are designed to provide investors with exposure to cash flows from a specific segment of operating company revenue, with repayment prioritized according to the security's position in the capital structure.